According to a report by Caixin, the Monetary Authority of Singapore (MAS) released a consultation paper on April 17, 2026, proposing more favorable regulatory capital guidelines for crypto assets on permissionless blockchains (i.e., public blockchains) ahead of implementing the Basel crypto asset capital rules. The current Basel rules are considered overly strict in classifying public blockchain assets, potentially stifling innovation in the banking sector. MAS plans to abandon the 'one-size-fits-all' classification approach, allowing public blockchain crypto assets that meet a set of principled requirements to be classified as lower-risk, less stringent Tier 1 crypto assets, aiming to achieve regulatory tech neutrality. https://www.(wublock123.com)/news/news-59935